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Brokerage
Posted: September 9, 2013
Padula of Azad Property Group brokers $7.5 million sale of mixed-use property
Azad Property Group's senior associate Donna Padula, who has represented and managed properties for Arnold Industries LLC, closed on a mixed-use property owned by the family at 50 Spring St. in SoHo. The property totals 5,242 s/f with four fair-market apartments, a carriage house (duplex) and 3 retail stores. The property sold for $7.5 million or $1430 per s/f to Crosby Street Partners. Padula was the manager and exclusive broker of the property and after 24 other offers she managed to have the 25th offer accepted.
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